PART 1Income tax, corporation tax and capital gains tax
CHAPTER 1Income tax and corporation tax charges and rate bands
Corporation tax
5Main rate of corporation tax for financial year 2012
1
In section 5(2)(a) of FA 2011 (main corporation tax rate for financial year 2012 on profits other than ring fence profits), for “25%” substitute “
24%
”
.
2
The amendment made by this section is treated as having come into force on 1 April 2012.